Saturday, January 13, 2018
Unless you're holed up on Gobbler's Knob with Punxsutawney Phil, you know that a new law will limit to $10,000 the amount you can deduct on your federal return for state and local taxes. This is terrible for high-tax politicians in high-tax states. We're thinking of one place with a struggling, jobs-challenged economy where citizens pay some of the nation's most egregious property taxes, yet taxaholic lawmakers just raised the personal income tax rate by 32 percent. A place that's losing population at an accelerating rate. Clue: Starts with "I," rhymes with "unemploy."
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